Displaying 10200 results
Four life insurers will pay $3.4M to settle probe over death benefits
The settlement was part of a broader crackdown by regulators in five states on insurers who allegedly failed to make death benefit payouts on a timely basis.
Former Merrill Edge adviser accused of misleading customers
Finra said the adviser misled five IRA customers and then did not give an honest account of his actions.
Money managers with in-house 401(k) plan options at risk of employee lawsuits: lawyers
There already have been several suits over high fees, and a second front may be emerging over plan options.
MetLife penalty puts spotlight on bad variable annuity switches
Bad VA switches were supposed to be a thing of the past, but the independent broker-dealer industry should take heed of this fine.
RIAs must mind details when it comes to advertising
Failure to follow the applicable rules can turn into a public enforcement action.
Finra wants to up annual gift limit to $175
Regulator seeking common-sense changes to gift and non-cash comp rules for members.
Trouble looms for small RIAs in next bear market
Firms reluctant to sell now may struggle later to find a merger partner to survive.
Already sizzling market for advisory firms could be stoked by DOL fiduciary rule
Deal flow and complexity on the rise when it comes to sales of adviser businesses.
Reading between the lines of Friday’s jobs report
Plus: Brexit bust, SEC nabs doc for insider trading, and double your retirement savings
Brokerage groups’ higher spending on lobbying doesn’t kill DOL fiduciary rule
Despite heavily outspending investment adviser groups on lobbying lawmakers in the second quarter, industry trade associations didn't succeed in a key goal.
Dawn J. Bennett barred from industry; ordered to pay $4 million in fines, disgorgement
SEC ruling includes a civil penalty of $600,000 for Ms. Bennett and $2.9 million for Bennett Group.
Top adviser questions on DOL fiduciary rule answered
Here are the main points of confusion among Fidelity's many adviser clients, and some insights that might help guide their strategy.
Key fiduciary decisions loom for retirement plan advisers using money market funds
Once-plain-vanilla funds due for a serious makeover, meaning now is the time to carefully assess cash options.
How financial advisory firms can practice emergency preparedness
Advisers should test their emergency plans periodically to make sure they are in compliance with Securities and Exchange Commission rules.
DOL fiduciary rule’s ‘grandfathering’ exemption may be lost by changing firms
Regulatory experts say there's a strong likelihood advisers would lose the grandfathering exemption granted under the fiduciary measure simply by switching firms.
With Indiana Gov. Pence on ticket, advisers need to be careful with donations
Under the SEC, pay-to-play rules kick in for RIAs who contribute to a candidate for office who could influence the selection of an adviser for state accounts.
LPL’s earnings bounce back, but commission revenue continues to erode
First-quarter profit nearly double what the company posted in the previous quarter.
Adviser relief follows judge’s injunction of overtime pay rule
Labor Department's regulation will not take effect Dec. 1.
Securities America to pay $1.5 million for mutual fund overcharges
The independent broker-dealer is paying restitution for failing to waive sales charges for some retirement plans and charitable organizations, according to Finra.
Radio show host Ric Edelman rants about raging fiduciary battle
Lawsuits filed against the Labor Department's regulation expose conflicts in financial advice.
